Regulating Toward (In)Security in the U.S. Electricity System

dc.creatorTrahan, Ryan
dc.date.accessioned2017-09-11T18:30:18Z
dc.date.available2017-09-11T18:30:18Z
dc.date.issued2017-06-19
dc.descriptionBy design, the centralized electricity grids stand without protection and are highly vulnerable to both cyber and physical attacks. A solely centralized approach to electricity procurement is not, however, required. The centralized electricity grids do not generate meaningful positive networked effects (i.e., unlike communications products, additional users of electricity via a network do not make electricity itself more valuable), and decentralized approaches to electricity procurement have become economic over the past 24 months. Nonetheless, virtually the entire electricity industry including its regulatory entities remains dedicated to a solely centralized model of electricity delivery, for reasons that are primarily historic. That dedication diverges from the U.S. national security interest, which is simply for consumers (e.g., military, industry, and individuals) to have universal access to secure and economic electricity. The security risks presented by a solely centralized electricity delivery system are untenable and call for federal regulatory action in the form of promulgated security standards (“Independence Standards”) to steer electricity delivery toward a more secure model. The framework of Independence Standards, supported by federal block grant funding for locally-determined implementation, is a needed counter to current regulatory approaches. Independence Standards provide a security lodestar for the ongoing transition of the U.S. electricity system.en_US
dc.description.departmentThe Kay Bailey Hutchison Center for Energy, Law, and Businessen_US
dc.identifierdoi:10.15781/T20C4T16N
dc.identifier.urihttp://hdl.handle.net/2152/61544
dc.language.isoengen_US
dc.relation.ispartofKBH Energy Center Research and Publicationsen_US
dc.rights.restrictionOpenen_US
dc.subjectEnergyen_US
dc.subjectCentralizeden_US
dc.subjectDecentralizeden_US
dc.subjectDistributeden_US
dc.subjectElectricityen_US
dc.subjectFERCen_US
dc.subjectGenerationen_US
dc.subjectGridsen_US
dc.subjectIndependence Standardsen_US
dc.subjectNationalen_US
dc.subjectNetworked Effectsen_US
dc.subjectregulationen_US
dc.subjectSecurityen_US
dc.titleRegulating Toward (In)Security in the U.S. Electricity Systemen_US
dc.typeArticleen_US

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